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Know your history!! Capitalism ALWAYS fails eventually, and must be bailed out by bigger gov't!

 
Anonymous Coward
User ID: 982838
United Kingdom
06/05/2010 12:42 AM
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Know your history!! Capitalism ALWAYS fails eventually, and must be bailed out by bigger gov't!
The 1920s was a capitalists dream! Almost unfettered free market...the rich business owners made money hand over fist...oh, but then that created the GREAT DEPRESSION of the 30s.

So....we had to be BAILED OUT in the 30s and into WW2 by the FEDERAL GOVERNMENT, where our economy BOOMED LIKED NEVER BEFORE!!

Just like now in 2010, we've needed the gov't intervention to get us through the last 20+ years of unchecked capitalism. Obama had to put the breaks on it, bail out the country, and most likely take us into another big war.

Same story, different characters....

carry on....
Anonymous Coward (OP)
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06/05/2010 01:07 AM
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Re: Know your history!! Capitalism ALWAYS fails eventually, and must be bailed out by bigger gov't!
bump
Anonymous Coward
User ID: 975801
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06/05/2010 01:11 AM
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Re: Know your history!! Capitalism ALWAYS fails eventually, and must be bailed out by bigger gov't!
You obviously don't know your world history very well, or you wouldn't have made such a foolish remark.

Try reading "The Creature from Jekyll Island" and then you will understand that since the late 1890's there has not been any kind of capitalist system in the western world.
Anonymous Coward
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06/05/2010 01:12 AM
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Re: Know your history!! Capitalism ALWAYS fails eventually, and must be bailed out by bigger gov't!
You obviously don't know your world history very well, or you wouldn't have made such a foolish remark.

Try reading "The Creature from Jekyll Island" and then you will understand that since the late 1890's there has not been any kind of capitalist system in the western world.
 Quoting: Anonymous Coward 975801

This is correct. Also see 'The Money Masters' video
Anonymous Coward
User ID: 878584
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06/06/2010 03:12 AM
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Re: Know your history!! Capitalism ALWAYS fails eventually, and must be bailed out by bigger gov't!
Bailed out = made slaves
Anonymous Coward
User ID: 990131
United States
06/06/2010 03:18 AM
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Re: Know your history!! Capitalism ALWAYS fails eventually, and must be bailed out by bigger gov't!
You obviously don't know your world history very well, or you wouldn't have made such a foolish remark.

Try reading "The Creature from Jekyll Island" and then you will understand that since the late 1890's there has not been any kind of capitalist system in the western world.
 Quoting: Anonymous Coward 975801



At least not of the fairy-tale type we're taught in school!





GLP